Signify Balance Sheet Health
Financial Health criteria checks 6/6
Signify has a total shareholder equity of €3.0B and total debt of €1.5B, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are €7.4B and €4.5B respectively. Signify's EBIT is €555.0M making its interest coverage ratio 19.1. It has cash and short-term investments of €567.0M.
Key information
50.7%
Debt to equity ratio
€1.50b
Debt
| Interest coverage ratio | 19.1x |
| Cash | €567.00m |
| Equity | €2.97b |
| Total liabilities | €4.46b |
| Total assets | €7.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIGHT N's short term assets (€2.9B) exceed its short term liabilities (€2.6B).
Long Term Liabilities: LIGHT N's short term assets (€2.9B) exceed its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: LIGHT N's net debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: LIGHT N's debt to equity ratio has reduced from 59.9% to 50.7% over the past 5 years.
Debt Coverage: LIGHT N's debt is well covered by operating cash flow (45.2%).
Interest Coverage: LIGHT N's interest payments on its debt are well covered by EBIT (19.1x coverage).